Wednesday, February 17, 2010

Even though Thulsa Doom Obama is refusing to acknowledge reality, business interests that once bought into the hoax (many because it was a boondoggle on which they didn’t want to miss out) are now beginning to turn their backs on intrusive government global warming “solutions,” following recent revelations and scandals involving the “science” behind manmade climate change.

So, empirical weather data (whatever the temperature involved) is now irrelevant as proof, whereas empirical weather data associated with warmer temperatures was once touted on a daily basis as proof. And you’re not supposed to notice the contradiction; and if you do notice, they’ll tell you how you’re wrong for noticing (because the myth must be kept alive at all costs—too much is at stake for the players). The “precious Earth” is the last thing on their greedy, power-hungry minds, believe me.

Texas, which leads U.S. states in carbon dioxide emissions due to its heavy concentration of oil refining and other industries, will see a major impact if U.S. mandatory emissions reductions take effect.

In December, the Environmental Protection Agency ruled that greenhouse gases like carbon dioxide endanger human health, opening the door for the agency to issue mandatory regulations to reduce them.

Texas said it had filed a petition for review challenging the EPA's "endangerment finding" with the U.S. Court of Appeals for the D.C. Circuit. Texas has also asked the EPA to reconsider its ruling.

"The EPA's misguided plan paints a big target on the backs of Texas agriculture and energy producers and the hundreds of thousands of Texans they employ," Texas Gov. Rick Perry said.

Several companies are quitting an influential lobbying group focusing in on legislation, despite the administratin's push to use the budget to pass greenhouse gas legistlation. WSJ's Grainne McCarthy reports in the News Hub.

Oil giants BP PLC and ConocoPhillips and heavy-equipment maker Caterpillar Inc. said Tuesday they won't renew their membership in the three-year-old U.S. Climate Action Partnership, a broad business-environmental coalition that had been instrumental in building support in Washington for capping emissions of greenhouse gases.

The move comes as debate over climate change intensifies and concerns mount about the cost of capping greenhouse-gas emissions.

On a range of issues, from climate change to health care, skepticism is growing in Washington that Congress will pass any major legislation in a contentious election year in which Republicans are expected to gain seats. For companies, the shifting winds have reduced pressure to find common ground, leading them to pursue their own, sometimes conflicting interests.